Open AccessPENGARUH PROFITABILITAS, LIKUIDITAS, TINGKAT PERTUMBUHAN PERUSAHAAN DAN LEVERAGE TERHADAP KEBIJAKAN DIVIDEN
Author(s) -
Putu Sri Puspytha Ratnasari,
Ni Ketut Purnawati
Publication year - 2019
Publication title -
e-jurnal manajemen
Language(s) - English
Resource type - Journals
ISSN - 2302-8912
DOI - 10.24843/ejmunud.2019.v08.i10.p16
Subject(s) - dividend policy , stock exchange , market liquidity , leverage (statistics) , profitability index , business , nonprobability sampling , dividend , retained earnings , monetary economics , shareholder , financial system , economics , finance , statistics , mathematics , population , corporate governance , demography , sociology
Dividend policy is a decision on the division of profits from the company, will be distributed to shareholders or will be retained in the form of retained earnings to finance investment in the future. Study aimed to examine the effect of Profitability, Liquidity, and Leverage Growth rate of the Dividend Policy on Manufacturing Companies listed on the Indonesia Stock Exchange period 2012 - 2014. Samples taken as many as 16 companies. The sampling method used in this research is purposive sampling. This study uses associative method, multiple linear regression analysis and the partial test (t test). Based on the results if the data was obtained that the profitability and liquidity of positive and significant effect on dividend policy, the growth rate negatively affect the company's dividend policy, leverage and no significant positive effect on dividend policy.